ad revenue

Twitter cash flow negative as ad revenue down 50%

Elon Musk has revealed that Twitter's cash flow remains negative due to a significant 50 percent decline in advertising revenue and a substantial debt burden. Musk's statement on Saturday fell short of his previous expectation in March that Twitter would achieve positive cash flow by June. In response to suggestions on recapitalization, Musk ...


twitter

Twitter threatens lawsuit against Meta over Threads app

Twitter is considering taking legal action against Meta, the company behind the fast-growing rival app Threads. Threads, which was recently launched, bears similarities to Twitter and has been promoted by Meta as a "friendly" alternative.